Shandong is listed as pilot area for commercial auto insurance reformation

　　China Insurance Regulatory Commission released Pilot Work Plan for Deepening Commercial Auto Insurance Clauses and Premium Rate Management System on March 24th, indicated the schedule and route for this reformation.

　　The Plan confirms 6 pilot areas which are under the jurisdiction of China Insurance Regulatory Commission, including Heilongjiang, Shandong, Guangxi, Chongqing, Shanxi and Qingdao, presents that property insurance company which are running commercial auto insurance business could declare commercial auto insurance clauses and premium rate according to the requirements of the Plan from April 1st, 2015.